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Supreme Court will rule on ban on rapid-fire gun bump stocks, used in the Las Vegas mass shooting
WASHINGTON (AP) — The Supreme Court agreed on Friday to decide whether a Trump era-ban on bump stocks , the gun attachments that allow semi-automatic weapons to fire rapidly like machine guns, violates federal law.
Nov 3, 2023 1:28 PM
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RioCan REIT pauses new construction starts amid high interest rates
TORONTO — High interest rates and rising costs have pushed RioCan Real Estate Investment Trust to put a halt to starting any major new construction projects.
Nov 3, 2023 12:33 PM
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Canadian business insolvencies surge almost 42 per cent from last year
OTTAWA — Canadian business insolvencies were up 41.8 per cent from a year earlier in the third quarter, surpassing pre-pandemic levels.
Nov 3, 2023 12:21 PM
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Tim Hortons seeking more afternoon, evening sales as parent reports US$364M profit
TORONTO — Long associated with morning coffee runs and breakfast, Tim Hortons is setting its sights on dominating the second half of the day too. "We are really super excited about the opportunities to be had in the p.m.
Nov 3, 2023 12:17 PM
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Enbridge to purchase U.S. renewable gas facilities for US$1.2 billion
CALGARY — Canadian pipeline giant Enbridge Inc. has signed a deal to purchase seven existing renewable natural gas facilities in Texas and Arkansas for US$1.2 billion.
Nov 3, 2023 11:55 AM
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OSC tribunal approves $8M settlement over RBC accounting practices
TORONTO — The Ontario Securities Commission has approved an $8-million settlement with Royal Bank of Canada over issues with its tracking of costs related to internal software development.
Nov 3, 2023 11:40 AM
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Trans Mountain Corp. issued stop-work order for environmental non-compliance
CALGARY — The company building the Trans Mountain pipeline expansion has been issued a temporary stop-work order due to environmental non-compliance related to a wetland near Abbotsford, B.C.
Nov 3, 2023 10:21 AM
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Canada’s jobless rate rises to 5.7%, fuelling bets Bank of Canada rate hikes are done
OTTAWA — Canada’s unemployment rate rose to 5.7 per cent last month as job opportunities became less plentiful in an economy weighed down by high interest rates.
Nov 3, 2023 9:59 AM
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Magna beats expectations with profit boost as light vehicle production ramps up
Magna International Inc. is reporting a jump in profits and revenues for its third quarter, beating analyst expectations. The auto parts manufacturer, which keeps its books in U.S.
Nov 3, 2023 9:24 AM
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Here's a quick glance at unemployment rates for October, by Canadian city
OTTAWA — The national unemployment rate was 5.7 per cent in October. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
Nov 3, 2023 8:20 AM
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